PHARMA INDUSTRY

In 2006, a young journalist visited Pfizer to discuss the company's research and development (R&D) plans. This was a time when the pharmaceutical industry was facing a significant drop in productivity. During the 1990s, the Food and Drug Administration (FDA) approved 311 new medicines. However, in t

Pfizer, one of the world's largest pharmaceutical companies, surprised many analysts with its third-quarter earnings. The company reported earnings of $1. 06 per share, well above the expected $0. 61. Sales also exceeded expectations, coming in at $17. 7 billion compared to the projected $14. 92 bil